Fed meeting: Bracing for Bernanke buzzkill

NEW YORK (CNNMoney)

Stocks are rallying, job growth is strengthening and a housing recovery is well underway — but don’t expect the Federal Reserve to back away from its stimulative policies just yet.

If anything, the Fed is likely to deliver a buzzkill after its two-day meeting wraps up Wednesday. Fed chairman Ben Bernanke will also address the state of the economy in a press conference following the release of the Fed’s latest statement on interest rates and new economic forecasts.  Read more

Categories: Economics, United States

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